Lifelines for Partners with Dying Practices
Most all attorneys at one point or another in their careers come to view their particular practice area to be out of favor. Industry sectors to which their practices are attached are in recession, corporate law departments lose their zeal for pursuing litigation, capital markets – both debt and equity – lose their interest in […]
The “Cheap Grace” of Compensation Systems
I’m always impressed with how much time many of my clients spend wrestling with their compensation systems. The animating seduction of compensation typically doesn’t bring with it a law-firm appetite for changing what is already in place, but it does tend to make up a lot of firm mindshare. When you think about it, though, […]
Lateral Partner (Business Development) Integration
What do the law firm and the newly recruited lateral need to do in order to be successful?
Come Together
Thirty years ago, who would have thought that the market for legal services could support a 3,000- lawyer law firm while witnessing the evaporation of a 1,000-lawyer law firm virtually overnight?